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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Coventry at 2 Huckleberry Rd, Coventry, RI, 02816 priced at $474,500 pairs $4,050/mo rent with $953/mo cash flow after a $2,322/mo payment. Total monthly income equals $4,050/mo, and annual cash flow comes to $11,436/yr on $157,297 invested. Return on cash invested is 27.18% in year one, and rental yield stands at 10.24% on a $474,500 basis. Equity gained on principal adds $3,062/yr, and 5% annual appreciation accumulates to $131,096 by year five. Five-year ROI measures 142.25% and total cumulative return in cash reaches $223,758. For financing, Ziffy Mortgage’s DSCR program evaluates $4,050/mo property income against a $2,322/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02816, Coventry, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,263 (100%) |
| Owner Occupied HU | 10,866 (76.2%) |
| Renter Occupied HU | 2,751 (19.3%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $386,005 |
| Average Home Value | $401,695 |
Residential
13,809
Single Family
11,932
Multi-Family
1,877
Businesses
781
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Art Samos • RE/MAX Real Estate Center
Mls Name: StateWide MLS RI
Mls ID: #1394781
